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Four young guns share secrets to successful startups

Entrepreneurs fueled by dedication, fighting spirit, aided by supportive policies

By YU RAN in Shanghai | China Daily | Updated: 2024-10-08 07:53

From left to right:Li Yueyue, founder of Botan, a jewelry company focusing on gemstone sourcing; Yu Qun, founder of Jiangsu Jushang Private Fund Management Co; Gao Boting, founder of Shanghai Jobly AI; Qin Hao, co-founder of Jargee Group. [Photo provided to chinadaily.com.cn]

At what age do people become entrepreneurs? A Harvard Business School study suggests that 42 is the magic age of successful startup founders.

In China, research by the Chinese Academy of Social Sciences shows nearly 40 percent of entrepreneurs start their businesses between the ages of 36 and 44.

"The younger generation is optimistic that the rapid technological advances offer them opportunities. They have more tools to lower costs and boost efficiency," said Ju Jinwen, an economist at the CASS.

China Daily talked with four successful entrepreneurs who started their businesses at a young age.

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